Loan Officer salary
From 59 certified H-1B filings (FY2025–FY2026). Base salary only.
- Occupation code 13-2072: Loan Officers
At a glance
- Mostly Level I (entry-level). 68% of Loan Officer filings are Level I, compared with 19% across all H-1B filings.
- Median down 9% since FY2020. From $79,500 in FY2020 to $72,326 in FY2026 (Q1–Q3). Nominal, not adjusted for inflation.
Loan Officer H-1B salary overview
Employers filed 59 certified H-1B Labor Condition Applications for Loan Officer jobs in FY2025–FY2026 (occupation code 13-2072, Loan Officers). The median base salary is $70,000, 43% below the median for all H-1B filings ($122,699), and half of the filings fall between $60,008 and $102,500. The most common wage level is Level I (entry-level), at 68% of filings.
Is your Loan Officer offer competitive?
Enter the base salary in your offer. We compare it with certified H-1B filings for Loan Officer jobs, nationally or in one metro area.
Enter a salary to see where it falls.
Percentiles from certified H-1B filings, base salary only. Metro areas with at least 10 filings.
Pay by level
Entry-level · 68% of filings
Mid-level · 32% of filings
Senior · 0% of filings
Expert · 0% of filings
Show the table
By experience level
| Wage level | Median | Filings |
|---|---|---|
| Level I · Entry | $60,008 | 30 |
| Level II · Qualified | $82,441 | 14 |
| Level III · Experienced | – | 0 |
| Level IV · Fully competent | – | 0 |
Median shown when a level has at least 10 filings.
Loan Officer pay by city
Median base salary in each metro area. Rent: HUD Fair Market Rent, FY2027.
Show all 2 metro areas
| Metro area | Median | Filings |
|---|---|---|
| New York, NY | $65,591 | 26 |
| Los Angeles, CA | $74,652 | 11 |
Metro areas with at least 10 filings for this occupation.
What a Loan Officer does
Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.
Typical tasks
- Meet with applicants to obtain information for loan applications and to answer questions about the process.
- Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
- Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
- Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
- Submit applications to credit analysts for verification and recommendation.
- Review loan agreements to ensure that they are complete and accurate according to policy.
Preparation
Job Zone Four: Considerable Preparation Needed. Most of these occupations require a four-year bachelor's degree, but some do not.
O*NET occupation: Loan Officers (13-2072.00). This section includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.
H-1B pay vs. all U.S. workers
Across all U.S. workers in this occupation (Loan Officers), the median annual wage was $76,690 in May 2025, with 274,330 people employed. The median H-1B base salary in FY2025–FY2026 is $70,000, 9% lower.
| H-1B filings | All U.S. workers (BLS, May 2025) | |
|---|---|---|
| 10th percentile | $53,498 | $39,430 |
| 25th percentile | $60,008 | $52,730 |
| Median | $70,000 | $76,690 |
| 75th percentile | $102,500 | $104,080 |
| 90th percentile | $160,200 | $153,180 |
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS). BLS wages cover all wage and salary workers and include some incentive pay; H-1B figures are the base salary offered on certified LCAs. The two sources cover different periods. BLS reports wages of $239,200 or more as a single top value.
Salary details
Salary range
| Percentile | Salary |
|---|---|
| 10th | $53,498 |
| 25th | $60,008 |
| 50th (median) | $70,000 |
| 75th | $102,500 |
| 90th | $160,200 |
Salary by year
Median salary
Filings per year
Show as table
| Fiscal year | Median | P25 | P75 | Filings |
|---|---|---|---|---|
| FY2020 | $79,500 | $53,750 | $113,771 | 16 |
| FY2021 | $54,100 | $50,000 | $93,375 | 16 |
| FY2022 | $84,000 | $47,549 | $100,000 | 13 |
| FY2023 | $77,440 | $60,146 | $109,686 | 20 |
| FY2024 | $70,713 | $60,750 | $121,823 | 26 |
| FY2025 | $70,000 | $60,190 | $102,500 | 31 |
| FY2026 | $72,326 | $58,806 | $100,750 | 28 |
Questions
How much does an H-1B Loan Officer make?
The median base salary in certified H-1B filings for Loan Officer jobs is $70,000 (59 filings, FY2025–FY2026). Half of the filings are between $60,008 and $102,500.
What does an entry-level Loan Officer earn on an H-1B?
Level I (entry-level) filings have a median of $60,008. Level I accounts for 68% of Loan Officer filings.
Do H-1B Loan Officers earn more than other U.S. workers in the same job?
The H-1B median base salary ($70,000) is 9% lower than the median wage of all U.S. workers in this occupation ($76,690, BLS May 2025). The sources measure pay differently, so treat this as a rough comparison.